USDJPY Long After Bounce near Base Pivot Line

Waiting for a bullish confirmation candle and a bounce at or near the base pivot line before setting up a long stop order with TP near the R1-R2 fib lines (green and blue) and SL either near or few pips below the base pivot line. This is in line with the long term chart movement (this pair still has room to move up to 125) and current sentiment on bullish USD and bearish JPY.

www.dailyfx.com...pectations.html?DFXfeeds=f...
www.dailyfx.com...si_usd-jpy.html?DFXfeeds=f...

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